Wisdomtree Cloud Computing Etf Performance
| WCLD Etf | USD 39.32 0.57 1.43% |
The entity maintains a market beta of 1.4, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, WisdomTree Cloud will likely underperform.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in WisdomTree Cloud Computing are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. In spite of rather uncertain essential indicators, WisdomTree Cloud exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Is First Trust Cloud Computing ETF a Strong ETF Right Now - TradingView | 09/26/2024 |
2 | SKYY 3 Cloud Computing ETFs for the Future of Tech - StockNews.com | 10/18/2024 |
3 | Should You Invest in the WisdomTree Cloud Computing ETF - MSN | 11/20/2024 |
| In Threey Sharp Ratio | -0.77 |
WisdomTree |
WisdomTree Cloud Relative Risk vs. Return Landscape
If you would invest 3,175 in WisdomTree Cloud Computing on August 30, 2024 and sell it today you would earn a total of 757.00 from holding WisdomTree Cloud Computing or generate 23.84% return on investment over 90 days. WisdomTree Cloud Computing is currently generating 0.3444% in daily expected returns and assumes 1.413% risk (volatility on return distribution) over the 90 days horizon. In different words, 12% of etfs are less volatile than WisdomTree, and 94% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
WisdomTree Cloud Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree Cloud's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as WisdomTree Cloud Computing, and traders can use it to determine the average amount a WisdomTree Cloud's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2438
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average WisdomTree Cloud is performing at about 19% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of WisdomTree Cloud by adding it to a well-diversified portfolio.
WisdomTree Cloud Fundamentals Growth
WisdomTree Etf prices reflect investors' perceptions of the future prospects and financial health of WisdomTree Cloud, and WisdomTree Cloud fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on WisdomTree Etf performance.
| Total Asset | 624.12 M | |||
About WisdomTree Cloud Performance
By analyzing WisdomTree Cloud's fundamental ratios, stakeholders can gain valuable insights into WisdomTree Cloud's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if WisdomTree Cloud has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if WisdomTree Cloud has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Under normal circumstances, at least 80 percent of the funds total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Wisdomtree Cloud is traded on NASDAQ Exchange in the United States.| Latest headline from news.google.com: Should You Invest in the WisdomTree Cloud Computing ETF - MSN | |
| The fund created three year return of -12.0% | |
| WisdomTree Cloud Com keeps all of its net assets in stocks |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WisdomTree Cloud Computing. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of WisdomTree Cloud Com is measured differently than its book value, which is the value of WisdomTree that is recorded on the company's balance sheet. Investors also form their own opinion of WisdomTree Cloud's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Cloud's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WisdomTree Cloud's market value can be influenced by many factors that don't directly affect WisdomTree Cloud's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WisdomTree Cloud's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Cloud is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Cloud's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.